Fed Governor Bowman says additional rate hike could be needed if inflation stays high
Bowman said that it’s possible more hikes could be needed, rather than the cuts the market is expecting. International: Top News And Analysis
Tag: hike
Turkey’s central bank raises interest rate to 50% despite previous hints of end to hike cycle
Turkish annual consumer price inflation soared to 67% in February, fueling concerns that Turkey’s central bank might have to return to tightening. International: Top News And Analysis
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve on Wednesday released its decision on interest rates and updates on the economy. International: Top News And Analysis
Fed approves hike that takes interest rates to highest level in more than 22 years
The quarter percentage point move takes the federal funds rate to a target range of 5.25%-5.5%. International: Top News And Analysis
Fed poised to approve quarter-point rate hike next week, despite market turmoil
Chairman Jerome Powell and his fellow central bankers will want to signal that it’s important to continue the fight to bring down inflation. International: Top News And Analysis